japan/AUTO INDUSTRY POSITIVE DESPITE ECONOMIC DOWNTURN

摘要

With annual automotive production totaling 10,257,318 motor vehicles in 2002, Japan is the world's second largest automobile producing country after the US. Japan's total domestic auto-related output, including automobiles, auto bodies, parts and accessories, was estimated to be worth more than 40.4T yen in 2001 (331.3B dollars at 122 yen/dollar), the most recent full year figure available. This represents more than 14.1 percent of Japan's total annual manufacturing output. In addition, auto-related industries in Japan are believed to account for one out of every ten jobs in the country. As a result of its decade-long recession, Japan's automotive industry is one of a few industries is enjoying its prospective business performances due to its outstanding sales in the US and Europe. During 2002, the total domestic vehicle sales of Japanese auto manufacturers posted a 1.9 percent decrease. However, the results varied by manufacturer. Honda's and Nissan's domestic sales posted a brisk 4.5 percent and 5.8 percent increase, while Toyota saw its sales drop by 2.2 percent.